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Baidu CEO Predicts AI Startups’ Downfall Amid Industry Bubble
- Baidu CEO, Robin Li, predicts a potential market bubble and downfall for AI startups.
- Concerns about hallucinations produced by large language models (LLMs) have diminished.
- Many Chinese AI startups face challenges in generating revenue and depend heavily on investor backing.
- Li believes only a few AI startups will emerge as leaders, similar to the dot-com bubble era.
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